Avid Bioservices Inc (CDMO)

[ststephensrevenge]

It is beyond my comprehension how they get away with:

1) Not doing the jobs that they are grossly overpaid to do and shirking their fiduciary responsibilities by partnering and taking a backseat for the benefit of the shareholders they supposedly represent.

2) Garnering a single vote in favor of them each year...even though the vast majority of them are "default" in favor votes

It is so obvious what needs to occur now after their failed go it alone attempt, yet they continue to put their own self interests ahead of shareholders and the potential cancer patients this technology could help with the proper funding and management.

It really is disgusting. They are a shameless bunch.

I hope they prove me wrong with a partnership that would hand over control as it relates to the advancement of the platform. Based on their well documented track record, my optimism is tempered to say the least.